Among the different impacts of COVID-19 on the energy sector, we have seen a strong impact on prices around the world. For instance, the European power market has experienced record negative prices. The electricity prices depend on the market design and also on structural and conjunctural variables. Understanding how prices are reacting is important for a better understanding … [Read more...] about Electricity prices: the heterogeneous impact of COVID-19 on LAC markets
Michelle Hallack
Michelle Hallack es economista responsable por la área de conocimiento de la División de Energía del BID y coordinadora del grupo de regulación económica y políticas energéticas que presta asesoría técnica a los proyectos del banco. Ella es profesora licenciada de economía en la Universidad Federal Fluminense (Brasil) y consejera de la Escuela de Regulación de Florence (Italia) en Política Energética. Michelle tiene más de 12 años de experiencia en asesoría y consultoría en asuntos regulatorios para el sector privado, público y para organizaciones no-gubernamentales. Ella ha trabajado en proyectos para países en Europa, América Latina y Asia y ha publicado diversos artículos académicos y capítulos de libros. Posee un doctorado de la Universidad de Paris Sud XI en Economía, una maestría en Economía Industrial en la Universidad Federal de Rio de Janeiro, una maestría en Economía y Gestión de las Industrias de Redes por la Universidad Pontificia de Comillas (España) y por la Universidad de Paris Sud (Francia) (European Master Diploma - EMIN) y una licenciatura en Economía en la Universidad Estadual de Campinas (Brasil).
Energy Consumption, a Gaze to the Industrial Production Reduction
Since the pandemic started the Energy division has been monitoring the evolution of the electricity demand and comparing it to the regular patters that were consumed the last year. After implementing different measures of social distancing in different countries, electricity consumption has reduced to different degrees. Monitoring this evolution is important both at sectorial … [Read more...] about Energy Consumption, a Gaze to the Industrial Production Reduction
Accelerating the energy transition, the key to a green recovery
Investment in sustainable infrastructure and renewable energy has become a key part of economic recovery plans for major economies. Many countries are taking an opportunity in this current crisis to propose recovery programs that can help address climate change and promote sustainable development. Examples of such proposals include advancing sector digitalization, … [Read more...] about Accelerating the energy transition, the key to a green recovery
Monitoring the impact of the COVID-19 crisis on electricity: lower demand with different profiles
The COVID-19 is having an impact on several sectors of the economy, and the power sector is not spared. The electricity sector is an integral part of the economy. The importance of its monitoring lies in the fact that it can help us: (1) prepare for futures challenges in the electricity sector associated with the revenue gap in the following months; (2) track the economic … [Read more...] about Monitoring the impact of the COVID-19 crisis on electricity: lower demand with different profiles
Electricity Demand in the Time of COVID-19
What the Picture Looks Like in Latin America and the Caribbean? The short-term effects of COVID-19 cannot be ignored by anyone. Millions of Americans have lost their jobs, the French have to ask for permission to leave their house, the Vatican was empty on the first days of Easter and carparks have been transformed into temporary hospitals. All sectors of the economy … [Read more...] about Electricity Demand in the Time of COVID-19